NOT LISTED FOR SALE

Estimated Value: $802,000 - $965,000

4 Beds
2 Baths
1,633 Sq Ft
$526/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2018

Last sale price $610,000 $374 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,439 / mo

17 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Landscaped

About This Home

As of October 2018

Here it is Your Chance to live in One and rent the other out! and have some of your mortgage paid for!! This property features and 1 bed 1 bath in the front unit and 3 bed 1 bath in the back unit!! Both are in good condition! These units have been well maintained and have been updated through out the years! Check out the pics. The baths, kitchen and paint have all been done! This opportunity will not last...Hurry make your offer!

Last Agent to Sell the Property

Ramon Rascon

RE/MAX One License #01157350 Listed on: 08/31/2018

RE/MAX One

Last Buyer's Agent

Jose Guevara

Better Homes and Gardens RE License #01392522

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,540 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,633 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 7123011021

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $75
  • Insurance Expense $85
  • Trash Expense $65
  • Water Sewer Expense $158
  • New Taxes Expense $7,375
  • Operating Expense $7,758
  • Gross Income $3,850
  • Net Operating Income $2,313

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

5,540 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 158.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7123011021
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 373.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 65.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Near Public Transit, Walkstreet, Yard
  • Lot Size Sq Ft: 5540.00
  • Lot Size Acres: 0.1272

Multi Family

  • Electric Expense: 75.00
  • Gross Income: 3850.00
  • Gross Scheduled Income: 3850.00
  • Insurance Expense: 85.00
  • Lot Size Area: 5540.0000 Square Feet
  • Net Operating Income: 2313.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1537.00
  • Rent Control: No
  • Total Expenses: 7758.00

Tax Info

  • New Taxes Expense: 7375.00
  • Tax Census Tract: 5705.02

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Sep 24, 2018
Sold by
Bought by
Seller's Agent
Ramon Rascon
RE/MAX One
Buyer's Agent
Jose Guevara
Better Homes and Gardens RE
List Price
$589,999
Sold Price
$610,000
Premium/Discount to List
$20,001
3.39%
Current Estimated Value
$858,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,156
Avg. Annual Appreciation
4.50%
Original Mortgage
$598,951
Interest Rate
0.0512%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,219
Interest Rate
0.0692%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$610,000 Orange Coast Title Company
$180,000 Lawyers Title Company
$138,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $599,735
Closed $602,577
Closed $598,951
Previous Owner $303,000
Previous Owner $182,483
Previous Owner $177,219
Previous Owner $24,000
Previous Owner $134,561
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/24/2018 10/24/18 Sold $610,000 +3.4% $374 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $589,999 -- $361 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,163 $680,462 $334,654 $345,808
2024 $8,779 $667,121 $328,093 $339,028
2023 $8,632 $654,041 $321,660 $332,381
2022 $8,106 $641,217 $315,353 $325,864
2021 $7,946 $628,645 $309,170 $319,475
2019 $7,834 $610,340 $300,000 $310,340
2018 $3,653 $274,251 $112,561 $161,690
2016 $3,358 $263,277 $108,191 $155,086
2015 $3,228 $259,323 $106,566 $152,757
2014 $3,215 $254,244 $104,479 $149,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18213258

California Regional Multiple Listing Service (CRMLS)

APN: 7123-011-021

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